Abc Pre-School INC

Tyler, TXUnknown exempt organizationEIN 75-2384473

Day care and meals are provided to children of working parents, some of whom are indigent or partial pay.

91¢ of each $1 spent went to programs.
$12K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2020
latest Form 990
Concern: the latest return is for FY2020, 6 tax years back; more than 4 tax years.
IRS e-file · Filing history
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$12K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Liabilities
$243K
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
4
of 6 voting members
Looks good: 4 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$363K
Spent
$396K
To programs
91%
Net assets
−$243K

From the FY2020 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $359K Management & general 9% · $37K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

5 people listed on the 990; $12K paid to officers and key staff.

Part VII, Section A · reportable compensation
Vice President
$11,134Pt VII · Sec A
$1,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Sec/Trea
$0Pt VII · Sec A
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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II3 listed

Programs and updates

Provides childcare and meals for children of working parents, including those with limited income.

Provided by the organization

This section is blank until Abc Pre-School INC claims this page.

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1 program service account for $359K of program spending, described in the organization's own filed words · FY2020.
01

Day care

$359Kprogram expense

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By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$363K
Ln 12
Gifts and grantsLn 1h$212K
Fees for servicesLn 2g$151K
Money outPt IX
$396K
Ln 25
Programscol B$359K
Managementcol C$37K
Owns and owesPt X
−$243K
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$243K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$212K
Government grantsLn 1e$212K
Fees for servicesLn 2g$151K
Total revenueLn 12$363K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$0
LiabilitiesLn 26$243K
Net assetsLn 32−$243K
OperationsPt I, VI
EmployeesI 567
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$2K$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$2K$0
LiabilitiesLn 26$212K$243K
Net assetsLn 32−$209K−$243K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$13K$8K$5K
Other salaries and wagesLn 7$219K$197K$22K
Payroll taxesLn 10$18K$15K$3K
Legal feesLn 11b$10K$10K$500
Advertising and promotionLn 12$1K$1K
OccupancyLn 16$91K$89K$3K
InterestLn 20$212$212
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$29K$29K
All other expensesLn 24e$6K$2K$3K
Total functional expensesLn 25$396K$359K$37K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2020 Latest Viewing $363K$396K−$33K−$243K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $362,918 across 4 lines filed
VIII-1e Government grants$211,715
VIII-1h Total contributions, gifts and grants$211,715
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $151,203$151,203
VIII-12 Total revenueRelated to mission $151,203 · Unrelated business $0 · Excluded from tax $0$362,918
Part IX · Statement of functional expenses $396,395 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $7,887 · Management $5,344$13,231
IX-7 Other salaries and wagesPrograms $197,274 · Management $21,919$219,193
IX-10 Payroll taxesPrograms $14,637 · Management $3,261$17,898
IX-11b Legal feesPrograms $9,500 · Management $500$10,000
IX-12 Advertising and promotionPrograms $1,072$1,072
IX-16 OccupancyPrograms $88,533 · Management $2,750$91,283
IX-20 InterestManagement $212$212
IX-23 InsurancePrograms $9,251$9,251
IX-24 Other expenses (24a–d)Programs $28,520$28,520
IX-24e All other expensesPrograms $2,413 · Management $3,322$5,735
IX-25 Total functional expensesPrograms $359,087 · Management $37,308 · Fundraising $0$396,395
Part X · Balance sheet $0 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $1,811$0
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $2,377$0
X-17 Accounts payable and accrued expensesStart of year $19,731$37,014
X-25 Other liabilitiesStart of year $17,276$12,493
X-26 Total liabilitiesStart of year $211,607$242,707
X-27 Net assets without donor restrictionsStart of year −$209,230−$242,707
X-32 Total net assets or fund balancesStart of year −$209,230−$242,707
X-33 Total liabilities and net assetsStart of year $2,377$0
Part XI · Reconciliation of net assets −$242,707 net assets at year end
XI-1 Total revenue$362,918
XI-2 Total expenses$396,395
XI-3 Revenue less expenses−$33,477
XI-4 Net assets at start of year−$209,230
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$242,707

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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